Papyrus Australia Ltd (AU:PPY)
ASX:PPY
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Papyrus Australia Ltd
(Sydney:PPY)
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Rating:41Neutral
Price Target:
AU$0.01
â–²(10.00% Upside)
Action:ReiteratedDate:01/31/26
The score is driven primarily by very weak financial performance (recurring losses, revenue disruption, ongoing cash burn, and increased leverage from a reduced equity base). Technical indicators are also soft with negative momentum, while valuation is constrained by losses and the absence of a dividend.
Positive Factors
Modest Absolute Debt
The company's absolute debt level is modest, which provides some runway and lowers immediate refinancing pressure. With a fragile equity base, low nominal debt reduces short-term solvency risk and gives management more time to execute restructuring or revenue recovery plans.
Negative Factors
Recurring Losses
Persistent negative EBIT and EBITDA indicate the business does not currently generate operating profits, eroding equity and limiting reinvestment capacity. Over months this undermines sustainability absent meaningful margin recovery or structural cost and revenue changes.
Read all positive and negative factors
Positive Factors
Negative Factors
Modest Absolute Debt
The company's absolute debt level is modest, which provides some runway and lowers immediate refinancing pressure. With a fragile equity base, low nominal debt reduces short-term solvency risk and gives management more time to execute restructuring or revenue recovery plans.
Read all positive factors
Papyrus Australia Ltd (PPY) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$6.78M
Dividend YieldN/A
Average Volume (3M)1.56M
Price to Earnings (P/E)―
Beta (1Y)1.39
Revenue GrowthN/A
EPS Growth-284.62%
CountryAU
Employees3
SectorConsumer Cyclical
Sector Strength84
IndustryPaper, Lumber & Forest Products
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding616,381,700
10 Day Avg. Volume1,242,466
30 Day Avg. Volume1,558,974
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)15.65
Price to Sales (P/S)0.00
P/FCF Ratio-9.73
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Papyrus Australia Ltd Business Overview & Revenue Model
Company Description
Papyrus Australia Limited develops a technology that converts the waste trunk of the banana palm into wood-based fibre products. Its products include fine ply sheets, veneered tabletops, liquid fertilizers, and food packaging products. The company...
How the Company Makes Money
Papyrus Australia Ltd generates revenue primarily through the licensing of its patented technology to partners and manufacturers globally. By providing licenses, the company allows other entities to utilize its banana waste conversion technology t...
Papyrus Australia Ltd Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
24
Negative
Cash Flow
12
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 672.96K | 0.00 | 0.00 | 257.03K |
| Gross Profit | -1.28K | -1.85K | 672.96K | 96.28K | -212.00 | 164.31K |
| EBITDA | -1.98M | -2.17M | -788.00K | -1.14M | -929.00K | -517.00K |
| Net Income | -2.60M | -2.80M | -644.00K | -1.50M | -1.18M | -90.78K |
Balance Sheet | ||||||
| Total Assets | 835.47K | 1.00M | 2.72M | 2.68M | 3.48M | 3.82M |
| Cash, Cash Equivalents and Short-Term Investments | 474.21K | 305.33K | 366.97K | 425.00K | 1.38M | 2.07M |
| Total Debt | 350.78K | 390.43K | 417.01K | 0.00 | 0.00 | 150.22K |
| Total Liabilities | 863.19K | 666.83K | 584.89K | 201.79K | 203.99K | 121.92K |
| Stockholders Equity | -27.72K | 337.71K | 2.14M | 2.48M | 3.27M | 3.70M |
Cash Flow | ||||||
| Free Cash Flow | -739.95K | -543.12K | -606.38K | -1.24M | -753.93K | -498.38K |
| Operating Cash Flow | -467.42K | -430.85K | -603.11K | -1.24M | -750.76K | -498.38K |
| Investing Cash Flow | -262.49K | -112.27K | -51.81K | -413.74K | -579.61K | -1.06M |
| Financing Cash Flow | 925.59K | 481.28K | 596.89K | 700.00K | 635.00K | 3.60M |
Papyrus Australia Ltd Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
50 Neutral | AU$127.16M | 21.82 | 3.40% | 2.84% | -2.31% | -279.94% | |
44 Neutral | AU$7.77M | -3.79 | -46.58% | ― | ― | ― | |
42 Neutral | AU$7.37M | -2.32 | -11.24% | ― | ― | -17.39% | |
42 Neutral | AU$9.59M | -1.36 | -57.07% | ― | ― | 44.90% | |
41 Neutral | AU$6.78M | -1.61 | -1677.63% | ― | ― | -284.62% | |
41 Neutral | AU$12.93M | -1.46 | 1141.13% | ― | ― | 18.79% |
* Consumer Cyclical Sector Average
AU:PPY
Papyrus Australia Ltd
0.01
<0.01
10.00%
AU:CBY
Canterbury Resources Ltd.
0.03
<0.01
8.00%
AU:TAT
R3D Resources Limited
0.03
-0.01
-27.50%
AU:SVY
Stavely Minerals Ltd
0.01
>-0.01
-12.50%
AU:LU7
Esports Mogul Limited
0.01
0.00
0.00%
AU:BRI
Big River Industries Ltd.
1.35
0.17
14.31%
Papyrus Australia Ltd Corporate Events
Papyrus Australia Secures First Major Supply Contract as R&D Facility Nears Completion
Jan 30, 2026
Papyrus Australia reported steady operational and commercial progress for the December 2025 quarter, highlighted by the near-completion of its Adelaide Rapid Prototyping and RD facility, which will soon enable production of fibre-based moulded pro...
Papyrus Australia Options Lapse Clarifies Capital Structure
Jan 27, 2026
Papyrus Australia Ltd has reported the lapse of 4,545,454 listed options (ASX code PPYAI) that were due to expire on various dates at various exercise prices. The options ceased on 23 January 2026 because the conditions attached to these securitie...
Papyrus Secures Key Mining Contract as Commercialisation Drive Accelerates
Dec 30, 2025
Papyrus Australia has taken a major step toward commercialisation by finalising a supply contract with TBS Mining Solutions, a subsidiary of Aquirian Limited, under which Papyrus will be the exclusive global producer of a fibre-based biodegradable...
Papyrus Australia Posts Positive November Cash Flow on Strong Grant Income
Dec 30, 2025
Papyrus Australia Ltd reported a positive operating cash flow of A$377,000 for November 2025 and A$187,000 for the financial year to date, driven largely by A$506,000 in government grants during the month and A$701,000 over five months, which more...
Papyrus Australia Issues Shares to Service Provider Under AGM Approval
Dec 23, 2025
Papyrus Australia Ltd has issued 3.5 million fully paid ordinary shares at $0.01 per share to a service provider as non-cash consideration for services rendered, following prior shareholder approval at the company’s 2025 Annual General Meeti...
Papyrus Australia Issues 3.5 Million Unquoted Options
Dec 23, 2025
Papyrus Australia Ltd has notified the market of the issue of 3.5 million unquoted options, exercisable at A$0.03 and expiring on 23 December 2027. The new options, which form part of previously announced transactions and are not intended to be qu...
Papyrus Australia Seeks ASX Quotation for 3.5 Million New Shares
Dec 23, 2025
Papyrus Australia Ltd has applied to the ASX for quotation of 3.5 million new ordinary fully paid shares, to be issued on 23 December 2025 under its existing Appendix 3B arrangements. The additional quotation will expand the company’s listed...
Papyrus Australia Director Increases Equity Stake Through Issue of Unlisted Options
Dec 19, 2025
Papyrus Australia Ltd has disclosed a change in the interests of director Arthur Stavrou, whose holdings are held indirectly through Emilart Holdings Pty Ltd, where he serves as director and shareholder. Stavrou has been issued 6 million unlisted ...
Papyrus Australia Issues 6 Million Unquoted Options Under Existing Transactions
Dec 19, 2025
Papyrus Australia Ltd, listed on the ASX under the code PPY, has notified the market of the issue of new unquoted options as part of previously announced transactions. These securities are not intended to be quoted on the ASX. The company has issu...
Papyrus Australia Options Lapse, Trimming Outstanding Securities
Dec 19, 2025
Papyrus Australia Ltd has advised the market that 6,000,000 PPYAI options, which were subject to various exercise prices and expiry dates, have lapsed because the conditions attached to these options were not satisfied or have become incapable of ...
Papyrus Australia Director Increases Equity Stake Through Option Conversion
Dec 18, 2025
Papyrus Australia director Al Jawhari, who holds his interest in the company through several investment entities, has converted 10 million unlisted options into ordinary shares at an exercise price of $0.01 per share, representing a cash outlay of...
Papyrus Australia Seeks ASX Quotation for 10 Million New Shares
Dec 18, 2025
Papyrus Australia Ltd has applied to the ASX for quotation of 10 million new fully paid ordinary shares under its ticker PPY, with an issue date of 18 December 2025. The additional securities expand the company’s quoted share capital, potent...
Papyrus Australia Ltd Reports Improved Cash Flow Amid Operational Costs
Nov 28, 2025
Papyrus Australia Ltd’s latest financial report indicates a net cash decrease from operating activities, with expenditures in research, development, and corporate costs outweighing customer receipts. Despite this, the company secured additio...
Papyrus Australia Secures Strong Shareholder Support at 2025 AGM
Nov 28, 2025
Papyrus Australia Limited announced the successful outcomes of its 2025 Annual General Meeting, where all resolutions were passed by a significant majority, reflecting strong shareholder support. The resolutions included the adoption of the Remune...
Papyrus Australia Secures Major Contract with TBS Mining Solutions
Nov 27, 2025
Papyrus Australia Ltd has successfully finalized a contract with TBS Mining Solutions to manufacture and supply Biodegradable Collar Keeper Products, marking a significant milestone in the company’s transition from research to commercial ope...
Papyrus Australia Ltd Advances in Commercialization and Strengthens Foundations
Nov 27, 2025
Papyrus Australia Ltd has transitioned from research and development to commercialization, marked by significant achievements such as the establishment of a Rapid Prototyping and RD Facility and the execution of a contract with TBS Mining Solution...
Aquirian’s TBS Mining Solutions Partners with Papyrus for Sustainable Mining Innovation
Nov 27, 2025
Aquirian Limited’s subsidiary, TBS Mining Solutions, has signed a contract with Papyrus Australia Limited for the production of biodegradable Collar Keeper® products. This contract, valued at approximately $4.2 million over three years,...
Papyrus Australia Secures Major Contract with TBS Mining Solutions
Nov 27, 2025
Papyrus Australia Limited has signed a contract with TBS Mining Solutions Pty Ltd to manufacture and supply biodegradable Collar Keeper® products, marking a significant shift from research and development to commercial operations. This agreem...
Papyrus Australia Ltd Resolves Legal Proceedings with PAG and UPE
Nov 21, 2025
Papyrus Australia Ltd announced the discontinuance of a legal application filed against it by Perfection Australia Group Pty Ltd and Union Pacific Equities Pty Ltd in the Supreme Court of New South Wales. The parties have agreed to discontinue the...
Papyrus Australia Ltd Announces Cessation of 10 Million Securities
Nov 10, 2025
Papyrus Australia Ltd announced the cessation of 10 million securities due to the lapse of conditional rights, as the conditions for these securities were not met. This development may impact the company’s capital structure and could influen...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.